Day: August 29, 2023

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are under the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 2/8 (0.6469) is expected, followed by a rebound from this level and a decline to the support at 0/8 (0.6347). […]

TitleGBPUSD H4 | Falling from overlap resistance? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 1.26256 which is an overlap resistance. A reverse from here, price could fall to 1st support at 1.25911 Alternative scenario:However, if price breaks above the pivot, it could rise to 1st resistance at 1.26741 which is […]

Meine letzte Analyse zum Goldpreis im Blog ist vom 11.07.2023 gewesen. Damals hatte ich auf die positive saisonale Ausgangslage Anfang Juli hingewiesen. Der Juli ist erfahrungsgemäß einer der besten Monate für einen steigenden Goldpreis. In 7 der letzten 11 Jahre ist der Goldpreis im Juni gestiegen. Nach Januar und Dezember, der statistisch besten Periode für […]

EURUSD, “Euro vs US Dollar” EURUSD has formed a Gravestone Doji reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support at 1.0775. However, the price could rise to 1.0850 and continue the downtrend after the correction. […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a new structure of correction to 1.0836. Today the market is developing a structure of decline to 1.0790. And with a downward breakout of this level the potential for a decline to 1.0740 could open, from where the trend could continue to 1.0700. This is a local […]

Good News for UK Households In encouraging news for British consumers, UK shop price inflation was seen falling to its lowest level in 10 months last month. The BRC shop price index fell to 6.9% from the prior month’s 7.6% level, offering hope that the surging food prices which have weighed on UK households over […]

TitleUS30USD H4 | Bearish reaction off overlap resistance? TypeBearish Reversal Preference:Price is approaching our pivot point at 34616.9, which is an overlap resistance. We can expect price to react bearishly, and to head to the 1st support at 34243.2, which is an overlap support, 61.8% fibo retracement and 61.8% fibo projection. Alternative scenario:If price breaks […]

Investor First Trade / investorfirst.trade (Clone of Previously Authorised FCA Firm)

The Japanese yen paired with the US dollar has suspended the wave of devaluation. The current USDJPY exchange rate stands at 146.47. The US dollar’s strong position on the global stage, driven by the Federal Reserve’s inclination towards further interest rate increases, is exerting pressure on the JPY. In contrast to the Fed’s approach, the […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance level. The instrument is going below the Ichimoku Cloud, which suggests a bearish trend. A test of the Kijun-Sen line at 1.2645 is expected, followed by a decline to 1.2460. An additional signal confirming the decline will be a rebound from the upper […]